taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
231/Upton
231-902/Rankin ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
G1 806,626,749 0.9623 838,227,942 13 356 .024243174
G1 813,483,698 1.0140 802,252,168 13 106 .005163049
G1 807,742,884 1.0234 789,273,875 12 49 .006308064
G1 797,792,119 1.0318 773,204,225 6 11 .013087236
Random Totals: 3,225,645,450   3,202,958,210 44 522  
Catg D1 Exception Values: 2,755,810   6,899,869      
Total Test Values (4): 3,228,401,260   3,209,858,079      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 160,492,904

Confidence Interval Values (5)

State Lower Limit: 3,049,365,175 (State Test Value minus Margin of Error Percent)
Local Test Value: 3,228,401,260 (Within Confidence Interval)
State Upper Limit: 3,370,350,983 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 3,701,954,203 (See ISD Summary Worksheet)

Sources:
(1) See Stratified Category Worksheet Reports PTS236, PTS430
(2) Number of parcels sampled by staff
(3) Total Category Parcels from Stratification Report, Appraisal Roll, or Self-report
(4) Includes any parcels in A, B, C, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories